Calculate the loss on selling 50 shares of stock originally bought at 133/4 and sold at 12. a. $687.50 b. $87.50 c. $600.00 d. $80.50

Option B. $87.50

Step-by-step explanation:

In this question selling price of 50 shares $12 per share and cost price is $12 per share.

Now we have to calculate the loss incurred in selling these shares.

Per share loss = (costing price - selling price)

                 loss = 13 - 12 = - 12 = 13.75 - 12 = $1.75

Therefore total loss incurred in selling 50 shares = $1.75 × 50

                                                                                  = $87.50

Therefore Option B. $87.50 is the correct answer.

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step-by-step explanation: